MEG Statistics
Total Valuation
MEG has a market cap or net worth of $909.15 million. The enterprise value is $1.24 billion.
Important Dates
The next confirmed earnings date is Wednesday, November 6, 2024, after market close.
| Earnings Date | Nov 6, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
MEG has 34.23 million shares outstanding. The number of shares has increased by 3.95% in one year.
| Current Share Class | 34.23M |
| Shares Outstanding | 34.23M |
| Shares Change (YoY) | +3.95% |
| Shares Change (QoQ) | +9.67% |
| Owned by Insiders (%) | 6.90% |
| Owned by Institutions (%) | 97.04% |
| Float | 31.87M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 14.82 |
| PS Ratio | 1.23 |
| Forward PS | 2.38 |
| PB Ratio | 2.00 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 1.87 |
| EV / EBITDA | 40.76 |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.82, with a Debt / Equity ratio of 0.49.
| Current Ratio | 1.82 |
| Quick Ratio | 1.72 |
| Debt / Equity | 0.49 |
| Debt / EBITDA | 6.02 |
| Debt / FCF | n/a |
| Interest Coverage | -1.17 |
Financial Efficiency
Return on equity (ROE) is -6.45% and return on invested capital (ROIC) is -1.47%.
| Return on Equity (ROE) | -6.45% |
| Return on Assets (ROA) | -1.25% |
| Return on Capital (ROIC) | -1.47% |
| Revenue Per Employee | $213,655 |
| Profits Per Employee | -$14,922 |
| Employee Count | 3,100 |
| Asset Turnover | 0.75 |
| Inventory Turnover | 102.88 |
Taxes
In the past 12 months, MEG has paid $614,000 in taxes.
| Income Tax | 614,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +3.23% in the last 52 weeks. The beta is 1.86, so MEG's price volatility has been higher than the market average.
| Beta (5Y) | 1.86 |
| 52-Week Price Change | +3.23% |
| 50-Day Moving Average | 27.18 |
| 200-Day Moving Average | 35.97 |
| Relative Strength Index (RSI) | 49.46 |
| Average Volume (20 Days) | 545,409 |
Short Selling Information
The latest short interest is 3.40 million, so 9.95% of the outstanding shares have been sold short.
| Short Interest | 3.40M |
| Short Previous Month | 2.38M |
| Short % of Shares Out | 9.95% |
| Short % of Float | 10.68% |
| Short Ratio (days to cover) | 4.24 |
Income Statement
In the last 12 months, MEG had revenue of $662.33 million and -$46.26 million in losses. Loss per share was -$1.49.
| Revenue | 662.33M |
| Gross Profit | 257.61M |
| Operating Income | -17.63M |
| Pretax Income | -31.88M |
| Net Income | -46.26M |
| EBITDA | 30.36M |
| EBIT | -17.63M |
| Loss Per Share | -$1.49 |
Full Income StatementBalance Sheet
The company has $18.32 million in cash and $265.78 million in debt, giving a net cash position of -$247.46 million or -$7.23 per share.
| Cash & Cash Equivalents | 18.32M |
| Total Debt | 265.78M |
| Net Cash | -247.46M |
| Net Cash Per Share | -$7.23 |
| Equity (Book Value) | 541.70M |
| Book Value Per Share | 13.13 |
| Working Capital | 108.30M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $10.38 million and capital expenditures -$26.56 million, giving a free cash flow of -$16.17 million.
| Operating Cash Flow | 10.38M |
| Capital Expenditures | -26.56M |
| Free Cash Flow | -16.17M |
| FCF Per Share | -$0.47 |
Full Cash Flow StatementMargins
Gross margin is 38.89%, with operating and profit margins of -2.66% and -4.91%.
| Gross Margin | 38.89% |
| Operating Margin | -2.66% |
| Pretax Margin | -4.81% |
| Profit Margin | -4.91% |
| EBITDA Margin | 4.58% |
| EBIT Margin | -2.66% |
| FCF Margin | -2.44% |
Dividends & Yields
MEG does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -3.95% |
| Shareholder Yield | -3.95% |
| Earnings Yield | -5.16% |
| FCF Yield | -1.80% |
Dividend DetailsAnalyst Forecast
The average price target for MEG is $46.20, which is 73.95% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $46.20 |
| Price Target Difference | 73.95% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 12.02% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
MEG has an Altman Z-Score of 2.12 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.12 |
| Piotroski F-Score | 5 |